World Ort Inc

Analysis

World Ort Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 1970, 56 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, World Ort Inc reported income of $15.5m and spending of $18.2m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $14.1m to $15.5m (+9.9%), an average of +2.4% a year. The sharpest change came in the year to December 2022, when income rose by 40%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, World Ort Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Echo Community Health Care Inc ($15.5m), Child Care Choices Inc ($15.5m) and The Rose ($15.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. Compensation of current officers, directors and key employees was $661k (3.6% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $23.0m against liabilities of $6.7m, net assets of $16.3m. It reported 51 employees.